gen. |
continuing facility; credit tranche; facility; line of credit (A line of credit is any credit source extended to a government, business or individual by a bank or other financial institution. A line of credit may take several forms, such as overdraft protection, demand loan, special purpose, export packing credit, term loan, discounting, purchase of commercial bills, traditional revolving credit card account, etc. ... The term is also used to mean the credit limit of a customer, that is, the maximum amount of credit a customer is allowed. wiki Alexander Demidov) |